Seventh Generation Secures Gore Investment Fund's Backing To Buy Other Environment-Friendly Cleaning Products Firms

Seventh Generation secured $30 million in funding from Generation Investment Management, former U.S. Vice-President Al Gore's investment fund, to finance its planned acquisition of other green cleaning companies. With annual sales of more than $300 million, Seventh Generation wants to remain independent and privately owned instead of being acquired by a larger corporation. In 2013, Seventh Generation bought Bobble, a manufacturer of filtered water bottles, and more recently, it acquired Gamila Company's range of gourmet coffee and tea products.